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Reading 39: The financial system, (Sancino, 2017.p,) - Coggle Diagram
Reading 39: The financial system
1 The role of financial institutions
banks
types
other financial institution
building society
3 The global financial crisis
(CDOs) RISKY ASSETS 1-
2- secondary market for
subprime loans developed
INTEREST RATE CHANGE EFFECTS
RESULTS
domino effect.
BANKRUPTCY
Problems in the subprime market began hitting the news,
and
horror stories started to leak out.
GLOBAL INTERBANK CONFIDENCE EFFECTED
output of goods and services was lower
Unemployment in the increased
1 more item...
financial system definition
definition
exchange rate
(Sancino, 2017.p,)